The after-tax equilibrium quantity of cigarettes smoked will equal the socially optimal quantity of cigarettes smoked. The correct option is C.
<h3>What is the externality of smoking?</h3>
The externalities of smoking refers to the costs imposed by smoking on people other than smokers themselves, in particular through the health effects of passive smoking and the effects of smoking on health care costs and productivity.
Therefore, The after-tax equilibrium quantity of cigarettes smoked will equal the socially optimal quantity of cigarettes smoked. The correct option is C.
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If there is a budget deficit during the biennium, money can be used from the economic stabilization fund with approval of 3/5th of the members of both the Texas house and the Texas Sentae.
<h3>What is the meaning of the Senate?</h3>
The House of Representatives is the lower chamber of the United States Congress, and the United States Senate is its upper chamber. They are all members of the nationwide bicameral legislatures of both the United States.
A deliberative assembly known as a senate is frequently the upper house or chamber of such a bicameral legislature.
The majority leader is thought to be the party's most powerful senator since he or she represents the party's interests in the Senate as its top representative.
This Is one of The United States Constitution specifies the makeup and authority of the Senate. Each senator in the Senate is an official representative of a single state.
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Answer: See explanation
Explanation:
Based on the information given in the question, we should note that while using the gross method, the revenue gotten from sales will be calculated by subtracting the rebate of 2% from the full invoice amount of $110,000. This will be:
= $110,000 - (2% × $110,000)
= $110,000 - (0.02 × $110,000)
= $110,000 - $2200
= $107800
Using the net method, the revenue gotten from sales will be calculated by subtracting the rebate of 6% from the full invoice amount of $110,000. This will be:
= $110,000 - (6% × $110,000)
= $110,000 - (0.06 × $110,000)
= $110,000 - $6600
= $103400
